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Linear Regression for Business Statistics

Mean-Centering of Variables. (Height and Weight.xlsx)


Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)

Gender
Male Female
1 0
Linear Regression for Business Statistics
Regression does not imply causation.

 Regression by itself does not establish ‘causation’.

 Regression is essentially a correlation technique.

 Some additional requirements are needed to interpret this


correlation as causation.

 Wrong to say, ‘Height causes Weight’.


Linear Regression for Business Statistics
Regression does not imply causation.

 Regression by itself does not establish ‘causation’.

 Regression is essentially a correlation technique.

 Some additional requirements are needed to interpret this


correlation as causation.

 Wrong to say, ‘Height causes Weight’.


Linear Regression for Business Statistics
Regression does not imply causation.

 Regression by itself does not establish ‘causation’.

 Regression is essentially a correlation technique.

 Some additional requirements are needed to interpret this


correlation as causation.

 Wrong to say, ‘Height causes Weight’.


Linear Regression for Business Statistics
Regression does not imply causation.

 Regression by itself does not establish ‘causation’.

 Regression is essentially a correlation technique.

 Some additional requirements are needed to interpret this


correlation as causation.

 Wrong to say, ‘Height causes Weight’.


Linear Regression for Business Statistics
Regression does not imply causation.

 Regression by itself does not establish ‘causation’.

 Regression is essentially a correlation technique.

 Some additional requirements are needed to interpret this


correlation as causation.

 Wrong to say, ‘Height causes Weight’.


Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)

 Subtracting the mean from every value of a variable.

 It redefines the zero point for that variable .

 We could also center a variable around some value other than the
mean.
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)

 Subtracting the mean from every value of a variable.

 It redefines the zero point for that variable .

 We could also center a variable around some value other than the
mean.
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)

 Subtracting the mean from every value of a variable.

 It redefines the zero point for that variable .

 We could also center a variable around some value other than the
mean.
Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)

 Subtracting the mean from every value of a variable.

 It redefines the zero point for that variable .

 We could also center a variable around some value other than the
mean.

When should you mean center your X variables?

 Depends on the kind of interpretations you are looking for.


Linear Regression for Business Statistics
Mean-Centering of Variables. (Height and Weight.xlsx)

 Subtracting the mean from every value of a variable.

 It redefines the zero point for that variable .

 We could also center a variable around some value other than the
mean.

When should you mean center your X variables?

 Depends on the kind of interpretations you are looking for.

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